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Aircraft Finance Corporation of America, 1929 I/U Stock Certificate & Letterhead.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:60.00 USD Estimated At:120.00 - 200.00 USD
Aircraft Finance Corporation of America, 1929 I/U Stock Certificate & Letterhead.
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Los Angeles, CA. 1929, 10 Shares, I/U stock certificate, Black on orange border, No vignette, S/N 213, Signed by the President A.O. Hunsaker and O.K. Hunsaker as secretary, historic company that was a pioneer in early airline aviation including TWA. O.K Hunsaker, the son of A. O. and Alvaretta Hunsaker of Beverly Hills, had lived in Kansas City, Mo. before moving to Los Angeles in 1911. His father, A.O., was an investment banker with offices in Hollywood. O. K. grew up with money and invested variously including backing some Hollywood productions. He is reported to have produced the first all-negro movie in 1917. In 1929, Hunsaker founded the Aircraft Finance Corporation of America with his father and aviation pioneer Allan Loughead. The company, with an initial projected capitalization of thirty million dollars, specialized in aircraft production and sales nation-wide.